The Hydrogen Stream: Larsen & Toubro to commission electrolyzer factory this fiscal
Larsen & Toubro’s electrolyzer factory in Hazira, Gujarat, will produce electrolyzers in sizes up to 4 MW.
Adani Green secures $400 million for 750 MW solar projects
Adani Green Energy Ltd has secured $400 million green loan for its under-construction solar projects in Gujarat and Rajasthan. The lenders include DBS Bank, Intesa Sanpaolo, MUFG Bank, Rabobank, and Sumitomo Mitsui Banking.
Fortum sells stake in 185 MW Indian solar portfolio
Fortum has signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Gentari Renewables India. Post divestment, the company still has EV charging services and a renewables development portfolio with projects at different stages in India.
Vikram Solar wins 250 MW module supply order from GIPCL
Vikram Solar will manufacture and supply bifacial PV modules for Gujarat Industries Power Co. Ltd’s project at the RE Park in Khavda village in Gujarat.
Avaada Energy secures $143 million SBI loan for solar project in Gujarat
Avaada Energy has secured about INR 1,190 crore ($143 million) as a 20-year project loan facility from State Bank of India (SBI). It will use the financing to support the development of its 400 MWp utility-scale solar PV power project in Gujarat.
Waaree Energies secures 400 MW solar module supply contract with GIPCL
Waaree Energies will manufacture and supply 400 MW of bifacial solar PV modules to Gujarat Industries Power Co. Ltd’s (GIPCL) project in Gujarat.
BluPine Energy reaches financial close on 120 MW solar project in Gujarat
BluPine Energy has secured debt financing from HDFC Bank to develop a 120 MW solar project in Gujarat.
Renewable energy developers applaud Supreme Court verdict on Great Indian Bustard protection
India’s apex court has relaxed restrictions on the construction of overhead transmission lines in the potential areas for renewable energy generation in Rajasthan and Gujarat. It has also constituted a new committee to identify measures and safeguards to be adopted in overhead transmission that can help conservation of Great Indian Bustard.
GUVNL tenders for 250 MW/500 MWh standalone battery storage, 1 GW of solar projects
Gujarat Urja Vikas Nigam Ltd (GUVNL) has invited bids to set up 250 MW/500 MWh of standalone battery energy storage systems connected with the State grid. It has also tendered for the development of up to 1 GW of solar power projects.
SJVN secures Letter of Intent for 200 MW solar project at Khavda
SJVN Green Energy Ltd will develop a 200 MW solar project on a build-own-operate basis for power supply to Gujarat Urja Vikas Nigam Ltd (GUVNL).
